University of Iowa denied bid in Mercy Hospital auction. American Healthcare Systems will assume operations

University of Iowa denied bid in Mercy Hospital auction. American Healthcare Systems will assume operations

Upworthy

Published

Mercy Hospital in Iowa City has a new owner, officials announced late Tuesday. Preston Hollow Community Capital, one of the hospital's principal creditors, has won the bid to control the 194-bed Iowa City hospital, beating out the University of Iowa Hospitals and Clinics in a bankruptcy auction…

#mercyhospital #iowacity #clinics #prestonhollow #bankruptcycourt #iowa #johnsoncounty #ahs #mercyiowacity #tomclancy

Full Article